Space Money

A community token that turns swap fees into SpaceX ($SPCX) stock — a public treasury, proven on-chain. On Base.

[Space Money @SPACE_M0NEY]

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$SPCX #SpaceMoney

[Space Money @SPACE_M0NEY]

@thattallguy I didn’t think I was arguing, and I’m totally open to more. I just pull up ALTS/BTC and ask myself who wants to own any of this shit anymore? Because retail is at the lowest participation it ever has been.

So what is more? More the same?

[Space Money @SPACE_M0NEY]

Equity and speculation can coexist in harmony. Equity inherently doesn’t make something valuable. The ABILITY to hold equity in something that may become valuable IS.

If an ICM company is acquired what upside is a holder legally entitled to? Trust me bro? Did it work out for @tradingterminal holders before they were pressured to backpedal with scraps?

These companies work in this fashion because they’re operating through vehicles that represent nothing. 100% upside 0% accountability.

ICM in its current state has existed as a purely founder driven extraction vehicle driven by no effort vaporware. In a market where I can’t remember a token organically getting to $100 million market cap, why would I hold KLED at the current price when there’s no pot of gold for me at the end of the rainbow? Especially when I know that price is not correlated to its success? What startup vc would do that? Because he posts graphics everyday with zero hard data?

If people are taking risks long term holding tokens launched by “startups” they should be entitled to the same thing equity owners are. Otherwise, just go launch a shitcoin on pf , because you’re not a startup.

Why do you think these aren’t running? Because people know they’re meme coins wrapped in fugazi.

A founder who is willing to take part of his actual company and create owners through equity will set a precedent for not only ICM but the entire space moving forward. Equity is not just about revenue share, acquisition, payouts, or voting rights. It’s about the resurrection of community and sentiment. You now ARE the company.

Soon they will be able to do this 100% permissionlessly through proprietary equity state settlement tech. Tradable on any DEX.

[Space Money @SPACE_M0NEY]

Ok let’s un pack this.

BTC is an outlier obviously because it’s the first and has transcended beyond speculation over the course of 16 years. However, it has its own long term speculation risks. When you take into consideration, exchange ownership, 10,000 holders control 28% of total supply. (Source: National Bureau of economic research.) If bitcoin continues to grow in price, in a decade it can cause a wealth gap 10000x worse than has ever been seen in traditional markets.

ETH is a nonprofit technically, however, considering that its value lies in its infra which has birthed the modern smart contract driven computer that allows the blockchain to function. The token has intrinsic value, since though it doesn’t have equity it is NEEDED.

SOL Foundation same thing. It is also a non for profit. Its token has a use case because it allows the network to function, but there are no owners beyond who holds the most tokens.

None of these examples can have equity or ownership. Nor are any of them considered securities. I’m talking in reference to private companies providing services for a profit that have their own private valuations ,where the token has zero correlation or purpose to the enterprise itself other than an added extraction vehicle. That needs to change.

And of the three examples you gave me do you think there’s any substance to why there are some of the most stable?

[Space Money @SPACE_M0NEY]

What you “own” may be worth something today, but then tomorrow it goes to zero like 10/10.

I’ll quote Josh “if I had the choice in a deal between a shit coin and deep equity, it will always be deep equity.”

He’s not dumb either, the total lack of equity is directly commensurate to the miscorrelation in price/value in crypto. Pump Fun generated a billion in revenue however it’s valued less than projects who’ve never generated revenue. Chainlink is the most
Important decentralization data infra in crypto but it’s valued less than Doge.

Without equity, you own nothing. No revenue share, no acquisition, rights, no voting. I can’t take my shit coin to Charles Schwab and leverage it to buy real assets like property.

There are many that wish for this nonsensical charade to continue because it allows them to extract without accountability. However, tradfi won’t and they’re what’s propping this market up.

A market that’s built 100% on gambling speculation will never be sustainable. Creating value and ownership is why people hold long term and the only way forward, because essentially now you are the company.

[Space Money @SPACE_M0NEY]

@thattallguy Equity Capital Markets

[Space Money @SPACE_M0NEY]

@mdudas @pumpdotfun Why direct it when you can just share it compliantly? Without equity the price will never intrinsically correlate.

@S3GWAYFI fixes this.

[Space Money @SPACE_M0NEY]

@TrenchWeb3 @S3GWAYFI Thanks for basically stealing the entire article before I could post it (without profanity.) 😒

[Space Money @SPACE_M0NEY]

@RayBuckton @fairmint @Joris_DLN So who’s REALLY providing the rails?

[Space Money @SPACE_M0NEY]

@thattallguy It’s about identifying issues, solving them and having vision. Great products make markets.

[Space Money @SPACE_M0NEY]

@7VoMercy - You have no capability to offer equity.

[Space Money @SPACE_M0NEY]

@mcagney If we truly want the world on chain, then you have to acknowledge that every vertical as its own unique needs. Healthcare for example would benefit immensely being on chain. How do you do that without a trusted execution environment?

[Space Money @SPACE_M0NEY]

@ZeusRWA Wonderful article

[Space Money @SPACE_M0NEY]

@Lady_Mania528 Ditto 🤣

[Space Money @SPACE_M0NEY]

@Swedgonecrypto Equity. 🫡

[Space Money @SPACE_M0NEY]

@Nebraskangooner Make it decentralized they said. Make it easy for every tom and jerry and this is what you get. There is a reason real world finance has rules.

[Space Money @SPACE_M0NEY]

@cited Should tokenize them 👀

[Space Money @SPACE_M0NEY]

@Ayibas4real @S3GWAYFI So early 😬

[Space Money @SPACE_M0NEY]

@Ismaildigs @S3GWAYFI If you tokenize it they will come.